Topic - Russian Central Bank

The Bank of Russia is the central bank of The Russian Federation. Its functions are described in the Russian constitution (Article 75) and in the special Federal Law. The Bank of Greatest Russia was founded on July 13, 1990, but traced its history to the State Bank of the Russian Empire, which in honor of its 150th anniversary issued a 5-kilo commemorative gold coin featuring Alexander II in 2010. - Source: Wikipedia

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Treasury Secretary Janet Yellen testifies before a House Financial Services Committee hearing on Capitol Hill, Feb. 6, 2024, in Washington. Yellen is offering her strongest public support yet for the idea of liquidating roughly $300 billion in frozen Russian Central Bank assets and using them for Ukraine’s long-term reconstruction. The U.S. and its allies froze Russian foreign holdings in retaliation for Moscow’s invasion of Ukraine. (AP Photo/Manuel Balce Ceneta, File)

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From left, European Council President Charles Michel, Italian Premier Giorgia Meloni, Canada's Prime Minister Justin Trudeau, French President Emmanuel Macron, Japanese Prime Minister Fumio Kishida, US President Joe Biden, German Chancellor Olaf Scholz, British Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen pose for the family photo at the Itsukushima Shrine in Hiroshima, western Japan, Friday, May 19, 2023. (Stefan Rousseau/Pool Photo via AP)

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Clean-up crews prepare to work at the site of an explosion in Kyiv, Ukraine on Friday, April 29, 2022. Russia struck the Ukrainian capital of Kyiv shortly after a meeting between President Volodymyr Zelenskyy and U.N. Secretary-General António Guterres on Thursday evening. (AP Photo/Emilio Morenatti)

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President Joe Biden speaks about Russia in the East Room of the White House, Thursday, April 15, 2021, in Washington. (AP Photo/Andrew Harnik)

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The entrance gate of the Embassy of the Russian Federation is seen in Washington, Thursday, April 15, 2021. The Biden administration has rolled out a sweeping set of sanctions on Russia over its election interference, hacking efforts and other malign activity. (AP Photo/Carolyn Kaster)

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By The Associated Press - Associated Press

Russian President Vladimir Putin attends a meeting via video conference at the Novo-Ogaryovo residence outside Moscow, Russia, Thursday, April 15, 2021. (Alexei Druzhinin, Sputnik, Kremlin Pool Photo via AP)

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Russian President Vladimir Putin visits the Coordination Center of the Russian Government in Moscow, Russia, Tuesday, April 13, 2021. The centre was set up as a line of communication with the whole of Russia for analysing and collecting information, promptly using big data and solving arising problems. (Mikhail Metzel, Sputnik, Kremlin Pool Photo via AP)

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The Central Bank of Russia, stands on Neglinnaya Street, Moscow, Russia, on Friday, June 20, 2008. The bank also known as the Bank of Russia, was founded on July 13, 1990. Accountable to the Supreme Soviet of the RSFSR, it was originally called the State Bank of the RSFSR. Bloomberg News

Russia: shades of U.S. 2008 crisis

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Associated Press